News

The Federal Reserve’s power: Congress giveth and Congress can taketh away
"Don't forget, our Federal Reserve is not at all a part of our Constitution. It's a creature of the U.S. Congress, created by ...
Q&A: What Do Federal Reserve Officials Hope to Learn in Two Months?
Setting rates is sometimes more art than science, especially when the economy keeps defying predictions. Fed officials are ...
Federal Reserve Watch: Stay On Policy Rate
The Fed held rates steady and continues reducing its balance sheet, with leadership changes ahead. Check out why this could ...
Federal Reserve likely to stand pat on rates this week, deepening the gulf between Powell and Trump
The Federal Reserve is expected to leave its short-term interest rate unchanged on Wednesday for the fifth straight meeting, ...
Federal Reserve Board member to step down from role early, creating vacancy for Trump to fill
Adriana Kugler will resign from her role as a Federal Reserve governor — opening up a vacancy on the board as President Trump ...
Everyone’s watching Jerome Powell as warnings flash for the U.S. economy
The July jobs report goes a long way toward providing the evidence of a weaker labor market that the Fed needs to justify ...
'Drag him out': Senate Republicans call on Powell to lower rates after poor jobs report
Senate Republicans demand that Federal Reserve Chair Jerome Powell lower interest rates after a subpar July jobs report, with ...
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Release it! Group suing Jerome Powell demands transcript of suspicious closed-door meeting
For the first time in more than three decades, two of the seven members of the central bank’s board voted against chair to lower rates.